RRSP Tax Savings

Use this calculator to estimate the tax savings on your RRSP contribution
Where do you live? Alberta
Taxable income
Taxable Income

Enter the taxable income amount from line 260 of your personal income tax return.
Marginal tax rate
Contribution Amount
Contribution Amount

Enter 3 RRSP contribution amounts to compare the tax savings and after-tax amount for each contribution.
$1,600 $3,400
$3,200 $6,800
$4,800 $10,200
RRSP Contribution and Tax Savings
Amount 1
Amount 2
Amount 3
Tax Savings
After-Tax Amount


Calculations use marginal tax rates as of January 2022. Rates take all federal and provincial taxes and surtaxes into account and the basic personal tax credit. The RRSP contribution limit is $29,210 for 2022. The single marginal tax rate shown above is used to estimate the tax savings. Your actual tax savings may be lower if part of your RRSP deduction is applied at a lower income bracket.

This calculator is for educational purposes only. All charts and illustrations are for illustrative purposes only and are not intended to illustrate the performance of any security or portfolio. You should not rely on the results as an indication of your financial needs and we recommend that you seek your own financial, investment, tax, legal or accounting advice nor shall the information herein be considered as investment advice or as a recommendation to enter into any transaction. Professional advice should be obtained prior to acting on the basis of this information. The deduction of advisory fees, brokerage or other commissions and any other expenses that would have been paid may not be reflected in the calculation results. ©Copyright 2022 Ativa Interactive Corp. All rights reserved. Powered by Ativa.com.